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Consulting firms unaffected by Covid, on a hiring spree

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The Economic Times
06th April, 2021 10:53 IST

Large strategy consulting and professional services firms in India are ramping up hiring across levels as the need for consulting support among companies across sectors navigating the widespread disruption caused by the pandemic is at an all-time high.

Even as a rising second Covid-19 wave sweeping across the country has prompted several companies to go slow on their hiring plans, companies like McKinsey, BCG, PwC, KPMG, Grant Thornton, and EY said they are hiring significantly across levels and functions.

Some of these top consultancies together hired more than 20,000 people in the last six months, according to industry estimates.

A combination of pent up demand (due to postponing of hiring in the first few months of last year) and real demand arising out of a need from clients to adopt new business models as well as a widespread digital adoption across sectors is leading companies to hire both laterally – partners, directors - as well as entry and middle level, said HR heads and top company officials.

“The need for consulting support for clients is higher than ever…And we remained committed to our hiring plans even during the pandemic,” said Jaidit Brar, senior partner and leader of recruitment for Mckinsey in India.

“We hired about 120 people from B-schools and are on the path to hiring an equal number laterally this year,” said Brar.

“We are hiring people with knowledge of digital, analytics, IoT and those with expertise in areas such as direct-to-consumer, digital marketing, etc,” he added.

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